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View Full Version : China Money Rate Rises for Third Day as Companies Hoard Cash - Bloomberg



NewsWhore
05-23-2011, 01:30 AM
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China Money Rate Rises for Third Day as Companies Hoard Cash (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEgvL-k0msMM_4o_D1QABnUPR9p4Q&url=http://www.bloomberg.com/news/2011-05-23/china-money-rate-rises-for-third-day-as-companies-hoard-cash.html)
Bloomberg
The seven-day repurchase rate touched a one-week high on concern 43 billion yuan ($6.6 billion) of central bank bills maturing this week won&#39;t improve liquidity in the financial system, said Albert Leung, a Hong Kong-based currency and rates strategist ...

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